Daily Newsletter: Tuesday March 17, 2015

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30 Year Fixed

                                                                3.85%
                                                                  
                                                                -0.02

15 Year Fixed

                                                                3.12%
                                                                  
                                                                -0.01

10YR Treasury

                                                                2.05%
                                                                  
                                                                -0.0228

FNMA 30YR 3.5

                                                                104-12
                                                                  
                                                                +0-01

FNMA 15YR 2.5

                                                                104-08
                                                                  
                                                                -0-10

View Today's Rates

Tuesday March 17, 2015

Mortgage Rate Watch - 4:59PM

Mortgage Rates Lowest in 2 Weeks Ahead of Fed

Mortgage rates continue gently lower again today, extending a recent winning streak that's seen improvements on 6 out of the past 7 days. While any winning streak is a welcome sight ...

MND NewsWire - 11:21AM

Weather Wreaked Havoc on February Starts, Completions

Housing starts and completions plummeted nationwide in February, but especially in the Northeast and Midwest where record cold and nearly constant snowstorms took a substantial toll ...

MND NewsWire - 10:14AM

RealtyTrac Analysis points to Millennial-Friendly Markets

It seems counterintuitive, but RealtyTrac said today that persons purchasing homes in the highest priced communities in the US last year made significantly higher down payments on a ...

MBS Commentary - 4:56PM

MBS RECAP: Pre-FOMC Consolidation and Nothing More

What a boring 3 days! The only thing that's happened for bond markets is an utterly mechanical trend back toward Thursday morning's low yields and/or the epic long term inflection point ...

Latest Video

Closing Bell Exchange: Will rates go up?

Housing starts debate: Why the numbers plunged

Housing starts down 17.0%

More News from 'Around the Web'

WSJ - 4:26PM
5 Things to Watch in the Feds March Meeting
WSJ - 4:22PM
Let Building Permits Tell the Tale of February Home Construction
Bloomberg - 4:16PM
JPMorgan Said to Buy $45 Billion of Servicing Rights From Ocwen - Bloomberg
CNBC - 2:57PM
Expect a hawkish Yellen: Analysts
Calculated Risk Blog - 2:56PM
Comments on February Housing Starts
DataQuick - 2:50PM
February Southland Home Sales Press Release
CNBC - 12:17PM
Millions of 'underwater' homeowners are trapped
Bloomberg - 12:16PM
ECB QE Working More Than Expected
CNBC - 10:28AM
If Fed loses 'patience'-June rate hike?
Calculated Risk Blog - 10:00AM
CoreLogic: "1.2 Million US Borrowers Regained Equity in 2014, 5.4 Million Properties Remain in Negative Equity"
The Big Picture - 10:00AM
The Great Global Sovereign Bond Shortage
Bloomberg - 9:08AM
When Yellen Gets Less Predictable She's Getting Back to Normal
Market Watch - 9:07AM
The Fed: What's your question for Janet Yellen?
CNBC - 8:44AM
Housing starts drop in Feb., weather likely factor
Fannie Mae - 12:20AM
News Release - Fannie Mae Prices $1.06 Billion Multifamily ...
Calculated Risk Blog - 12:20AM
Sacramento Housing in February: Total Sales up 12% Year-over-year

Today's Rates

Best Execution

Rate

Change

30 Yr FRM

3.85%

-0.02

15 Yr FRM

3.12%

-0.01

FHA 30 Year Fixed

3.50%

+0.00

Jumbo 30 Year Fixed

3.73%

-0.02

5/1 Yr ARM

3.15%

-0.02

Current Mortgage Rates »

What are best-execution rates?

Average Mortgage Rates

Rate

Points

Change

FHFA *

15 Yr. Fixed

3.47%

1.11

+0.02

30 Yr. Fixed

4.33%

1.33

-0.01

MBA **

30 Yr. Fixed

4.01%

0.39

+0.05

15 Yr. Fixed

3.29%

0.30

+0.02

30 Yr. Jumbo

4.02%

0.27

+0.07

30 Yr. FHA

3.80%

0.20

+0.04

5/1 ARM

3.18%

0.40

+0.13

Freddie Mac **

30 Yr. Fixed

3.86%

0.60

+0.11

15 Yr. Fixed

3.10%

0.60

+0.07

1 Yr. ARM

2.46%

0.40

+0.02

5/1 Yr. ARM

3.01%

0.50

+0.05

Current Mortgage Rates »

* FHFA averages are updated monthly.
** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly.

Secondary Markets

MBS

Price

Change

30YR FNMA 3.0

101-13

+0-03

30YR FNMA 3.5

104-12

+0-01

30YR GNMA 3.0

102-15

+0-03

30YR GNMA 3.5

104-24

-0-01

15YR FNMA 3.0

104-08

-0-10

15YR FNMA 2.5

101-28

-0-08

Treasuries

Yield

Change

2 YR

0.6736%

+0.0245

5 YR

1.5527%

-0.0032

10 YR

2.0524%

-0.0228

30 YR

2.6072%

-0.0432

Prices as of: 3/17/2015 4:30PM EST

Current MBS / Treasury Prices »

MBS and Treasury data provided by Thomson Reuters.

Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information.

Secondary Marketing Managers:
If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.

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